First United Corporation
58
Plan:
First United Corporation 401k Profit Sharing Plan
42
67
87
0
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For the average 401k participant, the 29 point difference between this plan's BrightScope Rating (58) and the top rated plan (87) could equate to:
[How is this calculated?]
[How is this calculated?]
15 additional years of work Up to $157,500 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
First United Corporation 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 58. This plan is in the top 35% of plans for Participation Rate and Total Plan Cost. First United Corporation 401k Profit Sharing Plan currently has over 500 active participants and over $21.4M in plan assets.
Retirement Plan Details
| Address |
19 South Second Street
Oakland, MD 21550 |
| Industry | Commercial Banking |
| Administrator | George W. Evans |
| Net Plan Assets | $21,400,000 |
| Total Participants | 580 |
| Avg Account Balance | $38,000 |
Compare Other Companies in Peer Group
| American National | 65.0 |
| Marquette Bank | 63.5 |
| BancTrust Financial Group | 61.5 |
| Hudson Valley Bank, N.A. | 58.2 |
| Arrow Financial | 55.3 |
| American State Bank | 42.2 |
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